Mumbai, July 29 -- Out of the three properties of fugitive gangster Tiger Memon's family that were put up for auction, the competent authority and administrator under the union government on Tuesday received a single bid for a 560-sqft shop in Mahim, officials aware of the matter told Hindustan Times. The bidder is Mumbai-based but their identity has been kept under wraps for safety and security reasons, officials said. "The sole submission is marginally above the reserve price of Rs.2.05 crore," an official told HT. The auction was conducted under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (SAFEMA). Since only one bid has been received, the authorities will decide within a week whether to accept and process the submission. If the deal goes ahead, the buyer would have to pay outstanding dues, including Rs.37.06 lakh owed to the society as of March. The shop is located in Samrat Society, faces the arterial Lady Jamshedji Road and is diagonally opposite the Shitaladevi Temple. Apart from the shop, flats owned by the family in Mahim and Bandra were also put up for auction, but did not attract any bids....